Used primarily in the field of organic synthesis, this compound serves as a key intermediate in the development of more complex chemical structures. Its unique trifluoroethoxy groups enhance the reactivity and stability of the molecules it forms part of, making it valuable in pharmaceutical research for creating potential drug candidates. Additionally, it is utilized in material science to synthesize advanced polymers with specific properties like increased resistance to harsh environments. Its application extends to agrochemicals as well, where it contributes to the formulation of more effective and stable pesticides.